Miami Metro Residences

Recent Home Sales in Morningside, Miami

There were 5 home sales in Morningside in the past 6 months.  This family neighborhood sits on Biscayne Bay and along the Biscayne Corridor running along northeast Miami, Florida.

To sum up the sales: (for pictures of each listing, see below)

521 NE 55 St: (Short Sale) List Price $350,000, SELLING PRICE $350,000. Closed on 2/27/09

661 NE 52 Te: (Bank Owned) List Price $367,589. SELLING PRICE $350,000. Closed on 4/1/09.

494 50 Te: List price $379,000. SELLING PRICE $300,000. Closed on 5/14/09.

611 NE 51 St: List Price $495,000. SELLING PRICE $425,000.  Closed on 3/13/09.

698 NE 60 St:  List Price $550,000.  SELLING PRICE $505,000.  Closed on 3/10

To see pictures and more detailed information of the above closed sales, CLICK HERE

===========================

On a side note, there are 5 pending sales in this community. CLICK HERE TO SEE THEIR PROPERTY DETAILS

There are currently 24 actively listed properties in Morningside on the MLS. CLICK HERE TO SEE THEIR PROPERTY DETAILS

If you are interested in Morningside, or any of the surrounding neighborhoods on the Biscayne Corridor, please don’t hesitate to contact me.   305-764-8959; mmattsson@yahoo.com

Closed Sales for 2008 in Bay Point, Miami

Here are the closed sales for Bay Point, Miami, for the year 2008.  This waterfront and gated community had more closings than in 2007.  There were 8 altogether in 2008, as opposed to 6 for 2007, according to the MLS system of reporting.  Here they are:

4220 Palm Ln, (5 bed, 5 bath) 3,700 sqft, not waterfront, pool, listed price $1,890,000. SOLD PRICE: $1,700,000

670 Lake Rd, (3 bed, 4 bath) 3399 sqft, waterfront, no pool, listed price $1,599,000. SOLD PRICE: $1,300,000

530 Melaleuca Ln, (3 bed, 2 bath, 1 halfbath) 2446 sqft, not waterfront, no pool, listed price $1,295,000. SOLD PRICE: $1,100,000

4756 Bay Point Rd, (3 bed, 2 bath, 1 halfbath) 2909 sqft, not waterfront, pool, listed price $1,225,000. SOLD PRICE: $996,000

730 Buttonwood Ln, (4 bed, 4 bath) 4548 sqft, not waterfront, pool, listed price $1,175,000. SOLD PRICE: $1,175,000

625 Melaleuca Ln, (5 bed, 4 bath) 3936 sqft, not waterfront, pool, listed price $939,000. SOLD PRICE: 875,000 (FORECLOSURE)

The average listing price per square foot (LP/sqft) was $530, while the average selling price per square foot (SP/sqft) was $452.  That was a ratio of 87.25% selling to listing price. The average days on market (DOM) was 92.5.

For Year 2007, the  average LP/sqft was $644, with the SP/sqft was $589. Average days on market was 50.83.